A practical retirement planning resource for engineers, scientists, and mathematicians In 1995, Dr. Mike Golio, an electrical engineer, became seriously interested in planning for early retirement. In 2003, at the age of 49, he and his wife achieved their goal of financial independence and retired. Engineering Your Retirement is an outgrowth of his research. Whether retirement is imminent or many years off, this valuable guide's straightforward, analytical approach to financial independence answers the critical questions to achieving successful, comfortable, and meaningful retirement. Written specifically for professionals in the engineering, science, and math fields, Engineering Your Retirement examines such important questions as: * How much money will I need to retire? * How long will it take for me to accumulate it? * What types of post-retirement activities are available to technical professionals? Engineering Your Retirement discusses financial independence from the unique cultural view of the technical professional and features many charts, graphs, analytical tools, and equations to help present the financial nuts-and-bolts of retiring in a logical and analytical manner. It offers practical, firsthand advice from an industry expert on: * Effectively budgeting for investments * Planning for health insurance * Choosing a retirement community * Building up a cash/bond ladder * Considering inflation * Portfolio requirements * Investment allocations * Paying off a mortgage * And much more!
Want to become a truly great trader - either for yourself or for a proprietary trading firm? This book will help you get there. This unique approach is the closest thing to signing up for a "trader boot camp" yourself! You'll learn by watching new traders walk through actual trades, explain what they've tried to do, and try to survive brutally tough expert critiques. One trade at a time, The Playbook reveals how professional traders must think in order to succeed "under fire," how they assess their own performance, and how they work relentlessly to improve. Using concrete, actionable setups drawn from his extensive trading and training experience, Bellafiore walks through an extraordinary array of trades, showing readers how to maximize profits and avoid disastrous hidden pitfalls. He covers support plays, bull-and-bear flags, opening drives, important intraday levels, bounce and fade trades, pullbacks, scalps, technical opportunities, consolidation, relative strength, market trades, and more. He also presents indispensable insights on psychology and trader development, based on his work with hundreds of traders on a major commodity exchange and an elite prop firm's trading desk. Packed with color, personality, and realism, this is an exciting guide to real-world trading.
An inside look at what it really takes to become a better trader A proprietary trading firm consists of a group of professionals who trade the capital of the firm. Their income and livelihood is generated solely from their ability to take profits consistently out of the markets. The world of prop trading is mentally and emotionally challenging, but offers substantial rewards to the select few who can master this craft called trading. In One Good Trade: Inside the Highly Competitive World of Proprietary Trading, author Mike Bellafiore shares the principles and techniques that have enabled him to navigate the most challenging of markets over the past twelve years. He explains how he has imparted those techniques to an elite desk of traders at the proprietary trading firm he co-founded. In doing so, he lifts the veil on the inner workings of his firm, shedding light on the challenges of prop trading and insight on why traders succeed or fail. An important contribution to trading literature, the book will help all traders by: Emphasizing the development of skills that are critical to success, such as the fundamentals of One Good Trade, Reading the Tape, and finding Stocks In Play Outlining the factors that really make the difference between a consistently profitable trader and one who underperforms Sharing entertaining, hysterical, and page turning stories of traders who have excelled or failed and why, many trained by the author, with an essential trading principle wrapped inside Becoming a better trader takes discipline, skill development, and statistically profitable trading strategies, and this book will show you how to develop all three.
A brand new collection of knowledge about today’s radically new market dynamics… 2 indispensable traders’ guides, now in a convenient e-format, at a great price! 2 indispensable books deliver profound insights into today’s markets — and translate deep knowledge into outsized profits! Today’s markets are radically different — and you can’t profit unless you understand how they’ve changed. Now, two breakthrough books give you powerful market insights you won’t find anywhere else — insights honed to reflect new realities, and deliver massive new profits. First, in The Playbook, Mike Bellafiore offers a complete course in becoming a truly great trader, whether you want to trade on your own or for someone else’s firm. Using the same high-intensity “boot camp” approach he uses to teach his own firm’s new traders, Bellafiore walks through actual trades, explains what the traders were trying to do, and offering brutally tough expert critiques. Trade by trade, he reveals how professional traders must think in order to succeed “under fire,” how they assess their own performance, and how they work relentlessly to improve. Using concrete, actionable setups drawn from his extensive experience, he illuminates support plays, bull-and-bear flags, opening drives, important intraday levels, bounce and fade trades, pullbacks, scalps, technical opportunities, consolidation, relative strength, market trades, and more. He also presents indispensable insights on psychology and trader development, based on his work with hundreds of traders on a major commodity exchange and an elite prop firm’s trading desk. Then, in Shock Markets, Robert I. Webb and Alexander Webb show you exactly how to transform crises into profits. They offer meticulous breakdowns of recent crises, revealing how these events impacted both individual stocks and overall markets, and helping you create detailed game plans for profiting from future shocks. They answer crucial questions like: What moves stock prices? What moves the overall market? How can you profit from catalysts that precipitate sudden sharp stock price movements? From regulatory decisions to macroeconomic reports, seemingly remote factors can have a huge, sudden impact on stocks. Shock Markets illuminates these catalysts, and demonstrates their shifting behavior during fads, fashions, bubbles, crashes, and market crises. The focus is completely practical: helping savvy traders uncover profit where others find only peril. From expert traders and trading instructors Mike Bellafiore, Robert I. Webb, and Alexander R. Webb
In Rule #1 of Investing: How to Always Be on the Right Side of the Market, software designer and math genius Mike Turner shares his simple, ingenious method for making winning stock trades. Rule #1 begins with the foundation of Mike’s entire system, the one condition that must be met before you even think about investing. It then reveals nine other rules Mike’s system follows to produce its uncanny 80% win rate picking stocks… and to generate returns almost three times better than the market. Rule #1 is a must-read investing guide for anyone struggling to profit in today’s volatile market.
A must read for military professionals. Mission Finance is your personal guide to financial freedom. It offers a simpler and better way to slay bad debts, start investing early, and benefit from homeownership. This is not your dad's investing or budgeting book. In this book, we transform boring financial advice into an exciting journey with a clear map and achievable milestones.
Most companies have to produce year-end accounts. UK GAAP is an essential tool for all those involved in preparing, auditing and using company accounts. It explains all accounting regulations in force and illustrates them fully with extracts from the accounts of major companies. As a result it is now the best-selling guide to UK financial reporting on the market.
This textbook is designed as a core text for finance courses that cover market investments, portfolio formation, and the management of investment portfolios. As such, the text seeks to convey insight and actual wisdom as to the nature of these activities. When combined with a commitment to thinking independently, the text offers the student a rigorous preparation for entry to the funds management industry. The text is presented in three parts. In Part A, the text introduces the fundamental techniques of investment analysis: a "bottom-up" and "top-down" analysis of the firm aimed at an evaluation of the underlying share as a "buy", "hold", or a "sell" recommendation. Part B offers the reader an intuitive grasp of the nature of investment growth, both across time and across assets. Part C introduces the reader to the technicalities of portfolio construction and portfolio management. The text concludes with an assessment of the funds management industry. The text builds in step-by-step stages with Illustrative Examples that consolidate the student’s progress and understanding through each chapter. Each of parts A, B, and C (above) has sufficient material to justify a separate course. If the student has exposure to a more foundational course in finance, Parts A and B can be covered as a single course. If from other courses, the student is familiar with the essence of Parts A and B and with statistical concepts, the text can be covered as a single course. The text can therefore be presented readily at either an undergraduate or postgraduate level at a pace appropriate to the student’s prior exposure to the concepts.
Brilliant."—Time "By far the most important investment book in years."—Bloomberg Money "A book that belongs on every investor's bookshelf."—MSN.com An essential and authoritative account of a century of investment returns in sixteen countries—the U.S., the U.K., Japan, France, Germany, Canada, Italy, Spain, Switzerland, Australia, the Netherlands, Sweden, Belgium, Ireland, Denmark, and South Africa Investors have too often extrapolated from recent experience. In the 1950s, who but the most rampant optimist would have dreamt that over the next fifty years the real return on equities would be 9% per year? Yet this is what happened in the U.S. stock market. The optimists triumphed. However, as Don Marquis observed, an optimist is someone who never had much experience. In Triumph of the Optimists, renowned investment authorities Elroy Dimson, Paul Marsh, and Mike Staunton extend our experience across regions and across time. They present a comprehensive and consistent analysis of investment returns for equities, bonds, bills, currencies, and inflation, spanning sixteen countries, from the end of the nineteenth century to the beginning of the twenty-first. This is achieved in a clear and simple way, with over 130 color diagrams that make comparison easy. Crucially, the authors analyze total returns, including reinvested income. They show that some historical indexes overstate long-term performance because they are contaminated by survivorship bias and that long-term stock returns are in most countries seriously overestimated, due to a focus on periods that with hindsight are known to have been successful. The book also provides the first comprehensive evidence on the long-term equity risk premium—the reward for bearing the risk of common stocks. The authors reveal whether the United States and United Kingdom have had unusually high stock market returns compared to other countries. The book covers the U.S., the U.K., Japan, France, Germany, Canada, Italy, Spain, Switzerland, Australia, the Netherlands, Sweden, Belgium, Ireland, Denmark, and South Africa. Triumph of the Optimists is required reading for investment professionals, financial economists, and investors. It will be the definitive reference in the field and consulted for years to come.
The UK financial system, now in its fifth edition, provides an up-to-date discussion of the UK financial system and the changes affecting it. Throughout the world the nature and regulation of financial systems have changed dramatically following the global financial crisis. In this text the necessary underlying theory is introduced and a range of relevant statistics provided in each chapter to supplement the narrative. Coverage includes a critique of the UK financial institutions and markets, as well as regulation emanating both from within the UK and also from supranational bodies such as the Bank for International Settlements and the European Union. The discussion is based on both the underlying theory as well as the operating practices of the institutions and markets. Each supplemented by a comprehensive glossary, the book is subdivided into three main sections: financial institutions; financial markets; and the regulation of banks and other financial institutions. The book will be essential reading to lecturers and undergraduate students enrolled on courses in financial economics and banking.
Lethal Options is meant to be a double entendre, encompassing both the options that people have in life and the mistakes they make in choosing from them, as well as stock options whose promise of quick wealth also can make people choose their fates badlyeven lethally. Two brothers, Johnny and Tommy Gavella, grow up in a poor immigrant Italian family in a tough city with apparently very different outcomes. Johnny turns to crime at a young age, convinced that this lifestyle is the right one for him, giving him the opportunity to be bold and rich, as well as independent from a family he finds embarrassing and stifling. Precepts that he garners from a fathers tough love and a twisted sense of justice and fairness fuel his drive toward a lifetime of crime. He pursues the company of a gang of young toughs led by Tony Poloso and proves to them that he is worthy of their trust and respect. Eventually, he makes his way to North Carolina, leaving his successful, unlawful career as well as his family behind. Now, eight years later, he is summoned back home because of his mothers serious illness. During his return, we learn much more about Johnny and his motives, his affair with Tommys girlfriend Rosalie, and his surprising provenance. His mother Maria tells him of her youth in Italy and her own passion for a young Baron who was brutally murdered, her revenge on the murderer and the stunning, surprising meaning it has for Johnny. Tommy wants to emulate his brother while growing up but is forced by Johnny, his family and circumstances to be the legitimate success of the Gavellas. He studies hard, goes to college and ends up with both M.D. and Ph.D. degrees, becoming the Vice President for Research and Development at Calara Pharmaceuticals. Leading an outwardly successful life, he finds himself in debt for a large amount due to a foolish, though perfectly honest, mistake in playing the stock market. In financial desperation, he obtains a loan from Johnnys old criminal protg Tony Poloso in return for a promise that they would both become extremely wealthy on stock options and a dramatic increase in Tommys companys value when the drug he is developing for them is approved for marketing. However, Tommy knows that the drug has severe safety problems and that the only way it would ever be approved would be to falsify data to make it appear safe and effective. In a clever scheme, he arranges to control the clinical trial for the new drug by essentially inventing patients but covering it up in a manner that appears to be foolproof. Unfortunately, a suspicious friend and a disgruntled employee eventually reveal the scheme and Tommys future comes crashing down with attendant, horrible consequences for him as a consequence of his now bad debt to Poloso.. During this time, Johnny is drawn into Tommys difficulties and obliged to make some difficult decisions about himself and his future. He is torn by his feelings toward Tommys wife Rosalie, his new and shocking knowledge about his mothers past and his own heritage, and a moral dilemma between his family obligations and a return to a past life that he thought was safely buried. Love, hate, pride, deception, sex, desire, money and murder, all options that are freely chosen and whose consequences surprise and sadden.
Master Microsoft 365 Excel from basics to advanced with practical examples and expert guidance. Perfect for professionals and students aiming to excel in data analysis, financial modeling, and beyond. Key Features Comprehensive coverage from Excel basics to advanced functions Practical examples for real-world application Step-by-step guidance on data analysis and automation. Book DescriptionUnlock the full potential of Microsoft 365 Excel with this extensive guide, crafted for both beginners and seasoned users alike. Begin by uncovering the foundational reasons behind Excel’s creation and its unmatched significance in the business world. Dive deep into the structure of Excel files, worksheets, and key concepts that underscore the application’s versatility. As you progress, master efficient workflows, keyboard shortcuts, and powerful formulas, making Excel an indispensable tool for solving complex problems. Moving forward, the book will guide you through advanced topics, including logical tests, lookup functions, and the latest features like LET and LAMBDA functions. Gain hands-on experience with data analysis, exploring the full capabilities of standard pivot tables, advanced Power Query, and Power BI. Each chapter builds on the last, ensuring that you gain both practical skills and a deep understanding of Excel’s capabilities, preparing you to confidently tackle even the most challenging data tasks. By the end of this guide, you’ll not only be adept at using Excel but also equipped with strategies to apply Excel's advanced features to real-world scenarios—whether you’re interested in financial modeling, big data analysis, or simply enhancing efficiency in your day-to-day tasks.What you will learn Master Excel's interface and shortcuts Build efficient worksheets Apply formulas for problem-solving Leverage data analysis tools Utilize advanced Excel functions Create automated solutions with VBA. Who this book is for The ideal audience for this book includes professionals, data analysts, financial analysts, and students who are familiar with basic Excel functions but want to advance their skills. A basic understanding of Excel is recommended.
An insider’s guide to doing business in the fastest growing market in the world—China! Did you know? —Americans have bought $185 billion worth of Chinese goods. —China’s economy is growing at an astounding rate of 9 percent a year. —The trade gap between the U.S. and China has been growing by more than 25 percent per year. Whether you work for a company doing business in China, or are an entrepreneur looking to export your goods and services, An American’s Guide to Doing Business in China teaches you the practicalities and the pitfalls of dealing with this complex market. While there are undeniable opportunities in the Chinese market, there is also a great deal of hype—and very real political and cultural differences that make doing business in China extremely challenging. Written by an industry expert with more than two decades of experience, An American’s Guide to Doing Business in China is an authoritative and accessible guide covering all aspects of doing business in China, including: • Finding manufacturing partners • Negotiating contracts and agreements • Choosing a location and hiring employees This practical work also teaches you how to navigate Chinese culture and customs, market and advertise to Chinese consumers, and find the hottest opportunities. An American’s Guide to Doing Business in China is what you need to succeed in the world’s biggest market.
Insights for today's hot stocks, and winning strategies fortomorrow's, from Wall Street's #1 Tech Analyst This is not your grandpa's Wall Street. Stocks are more volatilenow than ever. Even with all their potential for meteoric success,high tech investments are synonymous with high risk. Thisentertaining primer, by one of the leading tech analysts on WallStreet, offers a practical step-by-step guide for identifyingtomorrow's hot stocks today. Why do certain technology companies succeed while others falter anddisappear? Which businesses will rule the post-PC era? Kwatinetzdiscusses what's coming down the pike in the next few years and whothe key players will be. He shows how to filter out the noise, and come up with anindependent assessment of how much a stock is worth, and revealsten rules of thumb that will help investors build a powerfulportfolio.
A thoroughly updated version of the successful first edition with a new chapter on Real-Time PCR, more prokaryotic applications, and more detail in the complex mutagenesis sections. Information on PCR applications in genomics and proteomics have been expanded and integrated throughout the text. There is also advice on available products and specific pointers to the most appropriate methods. As with the first edition, this will be an ideal practical introduction and invaluable guide to PCR and its applications.
You can choose from thousands of apps to make your Android device do just about anything you can think of -- and probably a few things you'd never imagine. There are so many Android apps available, in fact, that it's been difficult to find the best of the bunch -- until now. Best Android Apps leads you beyond the titles in Android Market's "Top Paid" and "Top Free" bins to showcase apps that will truly delight, empower, and entertain you. The authors have tested and handpicked more than 200 apps and games, each listed with a description and details highlighting the app's valuable tips and special features. Flip through the book to browse their suggestions, or head directly to the category of your choice to find the best apps to use at work, on the town, at play, at home, or on the road. Discover great Android apps to help you: Juggle tasks Connect with friends Play games Organize documents Explore what's nearby Get in shape Travel the world Find new music Dine out Manage your money ...and much more!
There are many people that believe our education system is in trouble. As we compare test scores to other countries around the world, it appears we are not adequately preparing our children for the future. But this in only part of the problem because a lot of what kids need to know about the "real world" is not even discussed in school. Most high school students that are fast approaching graduation are not aware yet of the challenges they will face. They simply dont know what they dont know. They have spent 12 years being educated but will soon find out that they do not have all the tools needed to succeed in life. When they purchase their first car, they will not use Algebra but they will need to understand the Time Value of Money equation to calculate the payments. Who teaches them that in school? The average American has around $8,500 in outstanding credit card debt. The 2007-2008 sub-prime mortgage crisis demonstrated how much more we all need to learn about home mortgages and our personal finances. This is why this book is so important. The Real Life 101 Handbook is a beginners guide to the world of personal finance. It explains everything from how a checking account works to how to purchase your first home. It is for anyone and everyone who wants to learn how to make the best personal financial decisions in order to get the most out of the money they earn. The book does not have any secret forumla for how you can quickly become rich, however, it gives you the information you need to develop your own plans to become financially secure. I hope you enjoy it.
Modern methods of fishing aren't just for those in the know - they can work for everyone. Knowing why fish behave as they do is key to using the right techniques and catching more and larger fish. In this book, Mike Ladle and Steve Pitts reveal the inside story on what's going on under the water, answering questions such as: Why do fish bite at the change of light? Where are the largest fish going to be at certain times of the year? What are their favourite foods? Using scientific studies to back up their lifelong experience, Mike and Steve have packed this book with new information on the habits and behaviour of more than 20 species. Theories are put to the test, and are illustrated with entertaining descriptions of successful and enlightening fishing trips, bringing the facts to life and showing how they can be turned into practical tactics for all sea anglers to employ. This book will revolutionise your techniques and your catches.
A fascinating and lively history of four bows that changed warfare – the composite bow, the longbow, the crossbow and the Japanese bow, the yumi – by a world-renowned expert. War bows dominated battlefields across the world for centuries. In their various forms, they allowed trained archers to take down even well-armoured targets from great distances, and played a key role in some of the most famous battles in human history. The composite bow was a versatile and devastatingly effective weapon, on foot, from chariots and on horseback for over a thousand years, used by cultures as diverse as the Hittites, the Romans, the Mongols and the Ottoman Turks. The Middle Ages saw a clash between the iconic longbow and the more technologically sophisticated crossbow, most famously during the Hundred Years War, while in Japan, the samurai used the yumi to deadly effect, unleashing bursts of arrows from their galloping steeds. Historical weapons expert Mike Loades reveals the full history of these four iconic weapons that changed the nature of warfare. Complete with modern ballistics testing, action recreations of what it is like to fire each bow and a critical analysis of the technology and tactics associated with each bow, this book is a must-have for anyone interested in ancient arms.
A fascinating romp through the life of a broadcasting legend, Mike Read's autobiography offers an exciting insight into his three decades in showbiz. From ventures in radio, television and music, to tales of sport, romance and the royals, Mike writes with candour and humour in equal measure, including tangential stories of famous friends, near-death experiences and extraordinary happenings along the way. Recounting his stints as a Radio One DJ on the Breakfast Show, a prime-time television presenter on Pop Quiz, a co-founder of The Guinness Book of British Hit Singles and a jungle star on I'm a Celebrity ... Get Me Out of Here!, this high-energy journey encapsulates all aspects of the celebrity's vast and varied career. Mike has seized every opportunity, whether in pop, poetry or politics, and continues to entertain audiences as a presenter on several major national radio networks. A story packed with scintillating anecdotes, witty observations, and nostalgic recollections, this is an autobiography that hits all the right notes.
An all-you-need-to-know introduction on how to save and plan today for a comfortable retirement tomorrow Smart Ways to avail yourself of the different company-sponsored and independent retirement accounts available to you right now Smart Advice on how to get the most out of your IRA, Roth IRA, Keogh, and 401(k) before and after you retire Smart Strategies on how stocks, bonds, and mutual funds can grow your retirement savings and provide you with an income after you've stopped working Smart Tips on insurance to protect your retirement savings against unforeseen problems such as divorce, disability, and unemployment Quick reading and easy referencing with a comprehensive index and loads of sidebars and tables Smart Guides take readers seriously. They satisfy even the most curious person's desire to know the essentials about any of a wide range of topics—from vitamins to mutual funds to stress relief. It's all about good reading and expert information. The choice is yours.
Eight simple strategies for getting your retirement portfolio back in shape Is Social Security about to collapse? (No.) Is Wall Street totally corrupt? (Nope.) Did the government bailouts benefit only “insiders”? (Absolutely not.) Is the American Dream dead? (Not on your life.) Myths, misconceptions, and misinformation perpetuated by politicians, the media, and other self-interested parties can have a devastating effect on your retirement portfolio. After all, if you’re working with the wrong information, how can you make the right investing decisions? Mike Egan, a financial advisor for both individuals and corporations, has worked on Wall Street for more than 20 years. He handles millions of dollars at a time. He knows how it all works—and he’s here to tell you that a lot of what you hear just isn’t true. In Your Stronger Financial Future, Egan busts the most powerful myths that are affecting your retirement plans and provides simple but highly effective strategies you can use to start turning your portfolio around today. Egan’s eight retirement-investing maxims include: Count on Social Security—but make it only part of your overall plan Identify the inflation-adjusted amount you need at retirement Get a licensed financial advisor who really understands Wall Street Maintain your own personal “bailout fund” Build savings rather than accrue debt Use annuities to account for longevity and healthcare Two things are standing in the way of you and your dream retirement: misconceptions and presumption. Transcending the negative psychology that misdirects your investing performance is easy—you just need the right information and new strategies to replace the old ones. Your Stronger Financial Future delivers both. Sometimes changing course midstream is a good thing. Now is the time to reassess your outlook, rethink your finances, and reposition yourself for a stronger financial future.
Data on energy supply and demand, energy prices and values, and trade in energy are important components of the United Kingdom's main economic indicators. This 1996 edition offers the major aspects of energy, providing a picture of energy production and use since 1990.
Discover the wealth of information available through the Lycos service, including access to exclusive information from Lycos' partners and affiliates. Author Mike Miller provides an inexpensive, compact, easy-to-follow introduction to the Internet using the Lycos Portal Service.
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